KBLB - Kraig Biocraft Laboratories, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.3070
+0.0085 (+2.85%)
At close: 3:55PM EDT
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Previous Close0.2985
Open0.3000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2955 - 0.3200
52 Week Range0.0400 - 0.5100
Volume1,786,468
Avg. Volume4,852,528
Market Cap256.57M
Beta (3Y Monthly)1.85
PE Ratio (TTM)N/A
EPS (TTM)-0.0020
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Business Wire6 days ago

    Kraig Biocraft Laboratories Management Travels to Vietnam to Oversee Prodigy Textiles Construction and Expansion

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that a senior member of its leadership team is travelling to Vietnam to oversee operations at the Company’s subsidiary Prodigy Textiles Ltd., construction at the Company’s new facility, and to coordinate the transfer of silkworms from the temporary facility into their permanent home. Management also anticipates meeting with provincial leaders to discuss further expansion of Prodigy Textiles production. During this trip, a senior official from Kraig Labs plans to interview and select candidates for several key positions, including operational and financial leadership roles within Prodigy Textiles.

  • Business Wire13 days ago

    Kraig Biocraft Laboratories Promotes Dr. Trevor Kane to Chief Scientist

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that, in recognition of the magnitude of multiple recent achievements, Dr. Trevor Kane has been promoted to the position of Chief Scientist. His successes in creating new transgenics in the lab, and expanding our intellectual property portfolio with several new provisional patent applications, mark a significant milestone and advancement in Kraig Labs mission to produce and commercialize eco-friendly materials that exceed the performance and strength of native spider silk. “These new powerful transgenics, recently created by Dr. Kane’s team, were designed for broad commercial appeal.

  • Business Wire18 days ago

    Spider Silk Production Breakthrough from Kraig Biocraft Laboratories

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today the creation of the next generation of recombinant spider silk using the Company’s new design, gene editing, and incorporation approaches. Kraig Labs designed this approach to customize mechanical properties for specific commercial markets and has demonstrated the ability to more quickly, accurately, and efficiently, generate new transgenics. This achievement marks a significant milestone in Kraig Labs’ mission to produce and commercialize eco-friendly materials that exceed the performance and strength of native spider silk.

  • Business Wire26 days ago

    Kraig Biocraft Laboratories Submits Provisional Patent Applications on Multiple Spider Silk Technologies

    Kraig Biocraft Laboratories, Inc. , the leading developer of spider silk based fibers, announces today that it has submitted five new provisional patent applications, for technologies related to its recombinant spider silk technologies.

  • Business Wire28 days ago

    Kraig Biocraft Laboratories Takes Possession of Factory in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its subsidiary Prodigy Textiles has taken possession of its factory in Vietnam. The Company is now retrofitting the nearly 50,000 square foot facility to produce its game changing recombinant spider silk materials. “Our people on the ground in Vietnam are wasting no time getting this facility into operation.

  • Business Wirelast month

    Kraig Biocraft Laboratories to be Featured in Upcoming Documentary Series on Combating Terrorism

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its recombinant spider silk technology will be featured in a documentary focused on combating terrorism. The Company opened the doors of its R&D headquarters, for the first time to the media, to host a French documentary film crew and provided them with access to the process of creating its incredible spider silk technologies. Tougher and more flexible than competing materials, spider silk offers the promise of increased protection, comfort, and mobility in protective textile applications.

  • Business Wirelast month

    Kraig Biocraft Laboratories Expands Production Footprint in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that, through its subsidiary Prodigy Textiles, the Company has signed a new 5 year lease on a factory, expanding its production footprint in Vietnam. The roughly 50,000 ft2 facility in Quang Nam province is expected to play a major role in supporting the Company’s increasing production capacity of its proprietary recombinant spider silk technologies.

  • Business Wire2 months ago

    Kraig Biocraft Laboratories to Expand Corporate Board of Directors

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, today announced that it has initiated the process of identifying qualified corporate leaders, to assist in the Company’s growth, as it plans to add two new independent corporate board directors. “With the successful delivery of our proprietary spider silk technology to Prodigy Textiles, our Vietnamese subsidiary, we are now moving into the production phase of our business plan.

  • Business Wire2 months ago

    Polartec and Kraig Biocraft Laboratories to Bring First Spider Silk Fabrics to the Performance Apparel Market

    Polartec, the premium provider of innovative and sustainable textile solutions, and Kraig Biocraft Laboratories (Kraig) (KBLB), the biotechnology company focused on the development and commercialization of spider silk, announce plans to bring to market the first fabrics made from spider silk. Initially developed for specialized military applications, these first-of-their-kind materials made from recombinant spider silk will eventually service the global market for high performance textiles and apparel. Among the strongest fibers produced in nature, scalable and cost-effective production of spider silk represents a ‘holy grail’ of material science.

  • Business Wire3 months ago

    University of Notre Dame Increases Equity Position in Kraig Biocraft Laboratories

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has signed an agreement with the University of Notre Dame, which increases the University’s equity position in Kraig Labs. Under the agreement, the University has converted a portion of the moneys owed to it, by the Company, to common stock. The remaining balance of the moneys, owed to the University, has been converted into a note that is payable over the course of 2 years.

  • Business Wire3 months ago

    Kraig Biocraft Laboratories Closes Financing Deal

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has closed a $1 million round of private financing, pursuant to Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to fund expansion of its recombinant spider silk production in Vietnam, support its advanced research operations, improve its balance sheet, and to support other corporate initiatives. A core focus for this funding will be to support the growth of operations at the Company’s new production facility in Quang Nam Province, Vietnam.

  • Business Wire5 months ago

    Kraig Biocraft Laboratories’ Spider Silk Technology Successfully Delivered to Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has successfully delivered the first two shipments of its highly specialized silkworms, which produce a silk with the physical characteristics of spider silk, to Vietnam. Today’s announcement is the culmination of more than 5 years of work, and challenging negotiation, with the government of Vietnam. The silkworms from these first two shipments have already hatched and are now enjoying a fresh mulberry diet, so, for the first time in history, the global demand for spider silk materials has a viable, cost-effective, and scalable solution.

  • Business Wire5 months ago

    Kraig Biocraft Laboratories Completes Final Facilities Review for First Batch of Recombinant Spider Silk Production in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, announces today that key members of its management and production team have laid the groundwork for the Company’s Vietnamese spider silk production initiative. Working through an MOU, announced in November, the Company is collaborating with the Institute of Biotechnology - Vietnam Academy of Science and Technology (“IBT”) and Vietnam Sericulture Research Centre (“VSRC”) to rear and test the first ever recombinant spider silk silkworms in Vietnam.

  • Business Wire7 months ago

    Kraig Biocraft Laboratories Signs Pivotal Agreement to Import and Rear Silkworms in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it signed a key memorandum of understanding with the Institute of Biotechnology – Vietnam Academy of Science and Technology (“IoB-VAST”) and the Vietnam Sericulture Research Centre (“VSRC”) to import and rear its transgenic silkworms in Vietnam. This pivotal agreement provides a location, skilled workers, security, and necessary oversight, for the Company to import and begin testing its first batch of recombinant spider silk silkworm eggs in Vietnam.

  • Business Wire7 months ago

    Kraig Biocraft Laboratories Begins Scale up of Second Generation Dragon Silk

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has begun the scale up of its recently announced second generation Dragon Silk. Consistent with the Company’s history of creating performance driven recombinant spider silk, this new material was specially designed at Kraig Labs’ Michigan research headquarters for application in protective textiles, where increased strength and decreased flexibility are expected to provide improved protection. Scale up of Dragon Silk 2.0 is well underway, with the production team already raising tens of thousands of the new transgenic silkworms at the Company’s US based pilot production facility.

  • Business Wire8 months ago

    Kraig Biocraft Laboratories selects new high performance recombinant spider silk for delivery to US ARMY

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that, working under its contract with the US ARMY (“Army”), it developed a strain of genetically engineered silkworms that better match the physical properties required for applications in protective textiles. Through the use of its fiber performance testing capabilities, paired with a select breeding program, the Company created a strain that is stronger, yet less elastic, than the original Dragon Silk.

  • Business Wire8 months ago

    Kraig Biocraft Laboratories prepares for shipment of recombinant spider silk silkworm eggs to Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it is finalizing the details of its first shipment of the Company’s proprietary recombinant spider silk silkworm eggs to Vietnam. The Company is coordinating the details of this shipment with senior officials within key central Vietnamese government ministries, as well as senior leadership within Quang Nam province. Kraig Labs will be working, in cooperation with leading sericulture experts in Vietnam, to demonstrate the performance and capabilities of the Company’s uniquely developed silkworms, as it moves to expand the production of its recombinant spider silk from pilot to full scale production.

  • Business Wire9 months ago

    Kraig Biocraft Laboratories Accelerates Development of New Recombinant Spider Silk Fibers

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers announces today that it has implemented two major advancements in the development of next generation recombinant spider silk fibers. These advancements are the result of new equipment and recently employed protocols at the Company’s R&D headquarters, based in Michigan. The Company expects to see higher throughput as this approach should result in shorter times to generate new transgenics.

  • Business Wire10 months ago

    Kraig Biocraft Laboratories Delivers Ballistic Shootpack Panels to U.S. Army

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has delivered ballistic shootpack panels to the U.S. Army made from the Company’s proprietary Dragon Silk™ material. Dragon Silk is a genetically engineered spider silk which mimics the strength and toughness found in native spider silk, but which can be produced at large quantities through the Company’s specially developed silkworms. This approach of adapting the existing production infrastructure is the key differentiator between the Company and others working to produce spider silk materials.

  • Business Wire11 months ago

    Kraig Biocraft Laboratories Reports Farming Cooperatives Break Ground in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that work has begun under the collaborative agreement signed between the Company and several farming cooperatives in Quang Nam Province, Vietnam. As part of the agreement reported earlier this month, these farming cooperatives have now begun planting mulberry. This mulberry is the key input for the Company’s newly formed subsidiary, Prodigy Textiles, its proprietary hybrid silkworms, and the commercialization of the Company’s recombinant spider silk materials.

  • Business Wire11 months ago

    Kraig Biocraft Laboratories Accelerates Its Spider Silk Production Ramp up, the Result of Recent Meetings with Senior Vietnamese and US Embassy Officials

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that Jon Rice, the Company’s COO, held meetings with senior Vietnamese officials in Quang Nam, and US government officials at the US Embassy in Hanoi, Vietnam, to advance its production ramp-up plan for Prodigy Textiles Co., Ltd. The Company has already received its business license for Prodigy Textiles and its investment authorization for up to $2.2 million to fund the first phase of its spider silk commercialization scale up efforts in Quang Nam.

  • Kraig Biocraft Laboratories Subsidiary Prodigy Textiles Signs Agreements for Mulberry Production
    Business Wire11 months ago

    Kraig Biocraft Laboratories Subsidiary Prodigy Textiles Signs Agreements for Mulberry Production

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers announces today that its subsidiary, Prodigy Textiles, has signed three agreements with local farming cooperatives in Quang Nam province, Vietnam. Under these agreements the farmers will produce the mulberry necessary to support the Company’s recombinant spider silk production. This collaboration with local farmers is a key element of Kraig Labs commercialization strategy, integrating advancements in high tech agriculture and a diverse supply base with the Company’s ground breaking spider silk production technology.

  • Kraig Biocraft Laboratories Celebrates the Opening of Prodigy Textiles Co. Ltd., Facility in Quang Nam, Vietnam
    Business Wire11 months ago

    Kraig Biocraft Laboratories Celebrates the Opening of Prodigy Textiles Co. Ltd., Facility in Quang Nam, Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces that, during its trip to Vietnam last week, the Company celebrated the grand opening of Prodigy Textiles’ new facility in Quang Nam province. This facility will have the capacity, utilities, and security to support the planned capacity growth in Vietnam through the first phase of operations and will be the launch pad for future expansion on a pre-designated 50 hectare parcel of land located nearby. Working in partnership with its consultants in Vietnam, the Company reviewed numerous buildings and locations throughout the province.

  • Business Wire11 months ago

    Kraig Biocraft Laboratories Management Travels to Vietnam to Oversee the Opening of Its Spider Silk Production Subsidiary, Prodigy Textiles

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, announces today that Jon Rice, the Company’s COO, is in Vietnam this week reviewing the new facility, interviewing potential hires, and meeting with local officials, as the next phase in launching operations at its newly formed production subsidiary, Prodigy Textiles Co. Ltd. This trip marks the first time that Company management will be on the ground in Vietnam, since receiving its investment and enterprise registration certificates, the essential business licenses the Company had worked diligently to secure. Mr. Rice will remain in Vietnam through the end of the week, ensuring that the factory is on track to receive its first delivery of its proprietary hybrid silkworms.

  • Business Wirelast year

    Kraig Biocraft Laboratories Works with Local Cooperative to Expand Mulberry Production in Quang Nam, Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that the Company’s representatives in Quang Nam province, Vietnam are working, in collaboration with a local cooperative, to expand mulberry production. This effort is a major element of the Company’s production expansion plans and marks a significant increase in capacity. News of this collaboration was recently published in a leading Vietnamese digital media outlet, which highlights the efforts to focus on high technology agriculture and re-energize the Vietnamese share of the multi-billion dollar sericulture industry.